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Cyber Health
Cyber Liability Insurance - 3 Reasons Why You Need It
Cyber Liability Insurance - 3 Reasons Why You Need It
Published on
May 31, 2022
With the risk of cyber attacks higher than ever before, it’s never been more crucial to ensure that your business is adequately protected from disruption. Many companies think they have coverage for cyber incidents through their business or liability insurance provider, but did you know that all cyber coverage is not the same? Some insurance carriers will only provide reactive support to your business after an incident has occurred, and some policies may exclude certain types of more preventable incidents, or have limits on coverage for specific restoration services for recovery after a breach. Do you know what your cyber liability policy includes, or are you unsure if your business even has a cyber liability policy?
NAM’s Cyber Cover program is unique in that it bundles both reactive coverage after a breach or incident has occurred with proactive threat monitoring services so that you can mitigate potential risks before they become an incident. These proactive monitoring services can be costly to subscribe to on their own but are included in your annual premiums at no additional cost.
Every business should have cyber liability insurance with the current threat environment. Here are three reasons why you should complete this application for NAM’s Cyber Cover program now:
- If you don’t currently have cyber liability insurance
- If you’re not sure that your current business insurance policy includes cyber liability coverage, or if you’re concerned that your current policy may not provide comprehensive coverage for all types of cyber incidents.
- If your current policy does not include tools to proactively monitor and mitigate cyber risks and vulnerabilities that you may have in your IT infrastructure before they cause problems
[Click Here to Explore NAM Cyber Cover and fill out your application]
To view other PMMI CyberHealth content, visit pmmi.org/cyberhealth. Got a more specific question? Email cyberhealth@pmmi.org. Be sure to also opt in to the CyberHealth e-newsletter to get cybersecurity updates straight to your inbox.